Nifty and bank nifty is having 27th is important date and high and low are very important on the day. 18149, 17967 are high and low and any daily closing trend can be same direction till next date.
Last week there is closing above high and trend can be bullish till next date until it closes below low and vice versa.
Today 2nd is pressure date basing on astrology and mathematics, On pressure date mostly there can be selling pressure and at least it can be range bound.
For further rally towards 18900 and highs it should close above 18300 for at least 2-3 days. 18284, 18062, 17747 are support and resistance you can trade on these levels also intraday on 15 min candle close above and below level.
Nifty, banknifty intraday time - 10:15 candle buy above high and sell below low on 5 min candle closing.
Banknifty is having 27th dec high and low as 42927, 42394. Last week there is daily closing above and now trend is bullish to rangebound till next date and any closing below trend can be bearish.
Support and resistance are 43504, 42978, 42155.
Disclaimer - Only for education purpose, contact your advisor. Any Query - Contact Prakash - 8050797018, telegram - Stock market trading training
Comments
Post a Comment